Stock split

When a company divides its existing shares into multiple new shares without affecting the total value of all the shares.

Stock splits can make shares in a company easier to buy and therefore help improve the shares’ liquidity.

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Lump sum and death benefit allowance

This is a limit on the total tax-free lump sums that can be paid from your pensions both in your...

Lump sum allowance

When you access your pension, you can usually take up to 25% of the value tax-free. The lump sum allowance...

Ready-made pension

A simple, low-cost pension where you choose from four AJ Bell fund options.

Money paid in is automatically invested...